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Dec 1, 2012
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science is applied science. and so it turns out that there has been far more funding of science a percentage of gdp by the private sector. research foundations, amateur science, in the age before we had income at and estate taxes. governments have been far less generations toward the sciences than the voluntary sector of society was. it's exactly the opposite of what we would think, so often we casually assume that things have to be the way they have always. and what i'm trying to do is do it what russell recommendation once awhile you have to hang a question mark on things you come to believe for a long time. >> thomas woods, what's the difference in your mind between the conservative and libertarian? >> well, this is a tricky one as i really -- my heart is on the table here. i feel like i have sympathy in both camps. i identify myself as a libertarian. libertarian has one basic principle which is nonaggression. you cannot initiate force against anybody else. i think a lot of people would agree with that. it's
science is applied science. and so it turns out that there has been far more funding of science a percentage of gdp by the private sector. research foundations, amateur science, in the age before we had income at and estate taxes. governments have been far less generations toward the sciences than the voluntary sector of society was. it's exactly the opposite of what we would think, so often we casually assume that things have to be the way they have always. and what i'm trying to do is do it...
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Nov 28, 2012
11/12
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the other was when i spent time with a young man who graduated in computer sciences and asked what he studied the young computer issues. i was shocked that he could graduate from this amazing university and he hadn't had one economics course or history course. it led us to say, okay, we are going to start producing at the council and core courses that high schools and colleges can use to try to close this gap between what it is children know and what it is they need to know in order to be ready for this world. they'll like it or not is going to fundamentally affect their life. what is your sense for? because you come from an educational background. condoleezza rice comes from another background. what is your view to fix the problem? >> well, i come from a national security background but i also see the product of the educational system, if you will, it gives me perspective on what it is we need to try to achieve and obviously, we need to see the best. but i will tell you two things. number one, if you have low expectations of even the best students, they will live down to them. [appla
the other was when i spent time with a young man who graduated in computer sciences and asked what he studied the young computer issues. i was shocked that he could graduate from this amazing university and he hadn't had one economics course or history course. it led us to say, okay, we are going to start producing at the council and core courses that high schools and colleges can use to try to close this gap between what it is children know and what it is they need to know in order to be ready...
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Dec 5, 2012
12/12
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interest cost would jump from 1% of gdp up a 12% or roughly four times the total investment made of r&d, science and education. if we permit that to happen we are assured a slow-growth crisis that is what will happen if we don't do anything. mike, please takeover. >> i don't claim to be an economics expert. but from the national security standpoint i have felt for years not just the health of our economy around the world but those that generate positive outcome and from the defense standpoint as pointed out if said that continues to grow it will continue to eat at us and when you put in good time bomb of the sequestration it was supposed to be so heinous that congress would never permit it to happen but yet we're on the verge andover what we have been fighting over the last decade at a time when there is clearly increasing pressure on the defense budget and i have said it should pay its fair share. with the media impact to get to a part of your question and i worry about the acceleration to create a hollow force very rapidly. and the president does what he says he will he takes it off the books
interest cost would jump from 1% of gdp up a 12% or roughly four times the total investment made of r&d, science and education. if we permit that to happen we are assured a slow-growth crisis that is what will happen if we don't do anything. mike, please takeover. >> i don't claim to be an economics expert. but from the national security standpoint i have felt for years not just the health of our economy around the world but those that generate positive outcome and from the defense...
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Nov 28, 2012
11/12
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hire education, entrepreneurial climate, a lot of science and technology, enormous dynamism in this country and a lot of strengths. but what we've done is we allowed a bunch of unnecessary costs of doing business to grow up and creep up. by in action basically. at the same time as all these other countries, and, of course, i work around the world on this topic, all the other countries have whole task forces of national leaders that work every day to drive down the cost of doing business and make the infrastructure better and make better airports and make better data communications, and make it simpler to do business. so what's happened is we've taken for granted, we have these great strengths can look at us, we're wonderful. we've not been able to make progress. we're not talking about hard stuff. talking about keeping our infrastructure modern. we are talking about not sorted through all kind of obstacles in terms of the regulatory approaches we take. it's simple stuff. but really to me, i'm optimistic because of the core strengths, but the real concern is, is how do we take action? how ca
hire education, entrepreneurial climate, a lot of science and technology, enormous dynamism in this country and a lot of strengths. but what we've done is we allowed a bunch of unnecessary costs of doing business to grow up and creep up. by in action basically. at the same time as all these other countries, and, of course, i work around the world on this topic, all the other countries have whole task forces of national leaders that work every day to drive down the cost of doing business and...
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Dec 5, 2012
12/12
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it takes investment in plant equipment, in r&d, in science education and infrastructure and so forth. the question many people, sir, don't want to consider is where do we get those resources with those enormous debts? i asked our research department if they would make a reasonable prediction of how important interest costs would be if we did nothing, and their estimate without any explosion in interest rates was as follows: within 25 years or so, our interest costs would jump from about 1% of the gdp to 12% of the gdp or roughly four times the total investment made in r&d, science education and infrastructure. and if we ever permit that to happen, we will have assured that we're going to have what i call a slow growth crisis. and that's at least my way of formulating what happens if we don't do anything. but, mike, please, take over. this is your meeting, not mine. >> well, one of the things i don't claim to be here is an economics expert, although it's from a national security standpoint, and i've felt this way for years, that it's not just about the health of our economy, it's aroun
it takes investment in plant equipment, in r&d, in science education and infrastructure and so forth. the question many people, sir, don't want to consider is where do we get those resources with those enormous debts? i asked our research department if they would make a reasonable prediction of how important interest costs would be if we did nothing, and their estimate without any explosion in interest rates was as follows: within 25 years or so, our interest costs would jump from about 1%...
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Nov 28, 2012
11/12
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their assessments are based on sound and comprehensive science and analysis. i respect the solemn mission our national security institutions have to protect the united states and its interests and i trust their judgment. their judgment is echoed by significant republican leaders. our former colleague, senator john warner, the republican of virginia, who was chairman of the senate armed services committee, has said -- and i quote -- "leading military and security experts agree that if left unchecked, global warming could increase instability and lead to conflict in already fragile regions of the world. we ignore these facts," he continued, "at the peril of our national security." and, he added, "at great risk to those in uniform who serve this nation." george schultz was secretary of treasury and labor and director of the office of management and budget under president nixon and the secretary of state under president reagan. he leads the hoover institution's schultz-stevenson task force on energy policy and is on the advisory boards of stanford's and m.i.t.'s e
their assessments are based on sound and comprehensive science and analysis. i respect the solemn mission our national security institutions have to protect the united states and its interests and i trust their judgment. their judgment is echoed by significant republican leaders. our former colleague, senator john warner, the republican of virginia, who was chairman of the senate armed services committee, has said -- and i quote -- "leading military and security experts agree that if left...